Background

Ms. Nancy Ashleigh Everett serves as the President and Corporate Secretary of Royal Canadian Securities Ltd. Prior to April 2005, Ms. Everett served as an Officer of Tereve Holdings Ltd. She serves as the Chairman of the Board of Royal Canadian Properties Ltd. She has been an Independent Director of Manitoba Telecom Services Inc. since January 7, 1997. She has been an Independent Director of The Bank of Nova Scotia, the Parent Company of Scotia Mortgage Investment Corporation ... since October 28, 1997. She has been an Independent Director of Scotiabank Capital Trust since October 28, 1997. She serves as also a Director of L'Eau-1 Inc., which operates as Corpell's Water, a water purification company specializing in home and office delivery of bottled water. She serves as a Director of Royal Canadian Securities Limited. She serves on the Boards of Canwest Western Independent Producers Fund and Winnipeg Harvest Inc. She serves as a Director for MTS Allstream, Inc. and CentreVenture Development Corporation. She served as a Director for Tereve Holdings Ltd. She is a Member of the Young President Organization. She is a Member of the World President Organization. Ms. Everett received her B.A. from Queen's University and her M.B.A. from the Ivey School of Business at the University of Western Ontario.

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